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Investing - Theory, News & General • Increase Roth Contributions Due to Transfer Fee ?

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So I created a Roth IRA at Morgan Stanley (MS) late last year due to family already using them. I did research and left (to Vanguard), however MS charged me a $125 transfer fee. Is there any way to apply to increase my 2023 contributions by $125 to make up for this difference? Unfortunately Vanguard does not reimburse that. I checked and Fidelity wouldn't either because it's nowhere near 25k obviously.

I know this is small and nitbicky with $125 but I am young and it's my first year investing so it means something to me that they took that away. Any help is much appreciated, thanks

Statistics: Posted by diamonehands2099 — Sat Mar 30, 2024 11:17 am — Replies 3 — Views 147



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